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May 22, 2015 10:53 AM ET

Life Sciences Tools and Services

Company Overview of nanoMR Inc.

Company Overview

nanoMR Inc., a life sciences company, develops Pathogen Capture System for rapid isolation of rare cells from complex matrices at levels of 1 cell/mL or lower for the blood culture market. Its system recovers microbial cells directly from blood drawn into a standard Green-Topped Vacutainer tube and delivers purified microbial DNA. The company was founded in 2006 and is based in Albuquerque, New Mexico. As of January 15, 2015, nanoMR Inc. operates as a subsidiary of DNA Electronics Limited.

5741 Midway Park Boulevard

Albuquerque, NM 87109

United States

Founded in 2006

Phone:

505-924-6300

Fax:

505-243-1236

Key Executives for nanoMR Inc.

Chief Executive Officer, President and Director
Treasurer
Age: 67
Secretary
Vice President of Product Development
Chief Scientific Officer
Age: 61
Compensation as of Fiscal Year 2014.

nanoMR Inc. Key Developments

Nanomr Inc. Wins $21.5 Million Biothreat Contract

The Biomedical Advanced Research and Development Authority wants to use Nano-MR Inc.'s technology to build an automated device that could detect biothreat agents such as anthrax in just a few hours. The research and development authority, which is part of the U.S. Department of Health and Human Services, awarded the Albuquque company a three-year contract with $5.9 million in federal funding in the first year. If NanoMR meets required milestones, the contract's value could grow to a total of $21.5 million. NanoMR's technology has demonstrated the ability to detect infections and identify the type of bacteria present in blood in two hours. That compares with the 24 to 27 hours that doctors must wait for labs to grow cultures. Once extracted, technicians can rapidly identify the bacteria present, allowing doctors to begin antibiotic therapies before an infection has entered the bloodstream, which is known as sepsis. Apart from developing a specific analysis for anthrax and other bioagents, the company will build its diagnostic technology into a fully automated system, Esch said. Its current system is managed manually by technicians.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 16, 2015
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